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Bullboard - Stock Discussion Forum American Bonanza Gold Corp ABGFF

GREY:ABGFF - Post Discussion

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Post by Z06 on Aug 16, 2012 6:28pm

52 week low

W*F are these guys doing???????????????????????????????????????????
Comment by casey13 on Aug 16, 2012 8:05pm
There is no sense expecting any improvement until the 23 cent warrants are all excercised or they expire on the 24th. As long as the holders can exercise at .23 and sell for a penny or two profit per share they will and that will keep pressure on until then. That is partly why we have such high volume. After that we will see.
Comment by Antennae1 on Aug 17, 2012 12:21pm
Very true.  Until the warrants are absorbed into or washed out of the system they're effectively an unknown quantity that will temporarily cap the stock.  And although some people are surprised by both the warrant expiry and the recent secondary offering, both were expected well in advance by anyone who studied the material on SEDAR (when I invest my money, I study my investment ...more  
Comment by jagster1234 on Aug 17, 2012 1:10pm
well said antennae1        good post
Comment by Z06 on Aug 17, 2012 4:53pm
We just keep sinking lower & lower into the abyss with no support from management.
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